WTI Crude Oil closed at $38.24.
On Tuesday, August 18, 2015, the U.S. Environmental Protection Agency (“EPA”) issued a package of four proposals to control methane emissions from the oil and gas industry.
The U.S. EPA announced earlier this week a proposed rule to reduce emissions of greenhouse gases (GHG) and volatile organic compounds (VOC) from the oil and natural gas industry.
On August 18, 2015, the U.S. Environmental Protection Agency released proposed regulations aimed at cutting greenhouse gas emissions and volatile organic compounds (VOCs) from oil and gas facilities.
EPA’s Estimate of the “Social Cost of Methane” Used to Justify New Source Performance Standards for the Oil and Natural Gas Industry
On Tuesday, August 18, 2015, the U.S. Environmental Protection Agency (“EPA”) issued proposed New Source Performance Standards (“NSPS”) under the Clean Air Act covering methane and volatile organic compound (“VOC”) emissions for certain equipment, processes, and activities in the oil and natural gas source category—including hydraulic fracturing and refractured oil wells that can contain natural gas as well as oil.
Much has been written and discussed over the last few years regarding the conventional utility’s “death spiral.”
On August 3, 2015, the U.S. Environmental Protection Agency (“EPA”) issued its final Clean Power Plan, which announces new standards and emission guidelines to reduce carbon pollution from power plants.
On August 18, 2015, EPA released additional components of President Obama’s Climate Action Plan.